The richest person in the world, billionaire Warren Buffett fears that the country is headed for a recession that is worse than most anticipate. Buffett made these remarks during his appearance on CNBC. He believes the housing crisis, along with the pressure at the pump and rising food prices will hit Americans hard. It was interesting reading this because I wonder how such a recession will effect such a wealth-off individual, in it even will.
http://news.yahoo.com/s/nm/20080428/bs_nm/buffett_recession_dc;_ylt=AoJWhT1mDC6QLXqosRtWTN4DW7oF
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